Over the last decade, a significant concern in the energy market has been the decline in the USA's oil imports and fall in energy prices. In this context, we investigate the impact of the shale revolution in the USA on oil prices and examine its potential replicability in other shale-rich...

The authors analyze the economics of natural gas production in the U.S. in light of the government's recent dramatic upward revisions in gas reserve estimates as a result of advances in horizontal drilling and fracturing (“fracking”). While some observers believe the U.S. will enjoy very...

With the large-scale development of shale gas, oil-based drilling fluids are widely used, generating significant amounts of solid wastes from oil-based shale drilling cutting (OBSDC), which are difficult to degrade and biologically toxic. The current treatment methods do not meet the...